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Securities

One of Mike’s clients faced a rash of limited partnership investment cases filed in a Michigan court. Although his team developed factual and legal defenses to the claims, the client initially sought to settle the few cases it had because the cost to litigate would outweigh the benefit of winning on the merits. The early settlements only fueled the fire though, resulting in many new cases being filed. So Mike and his team sat down with the client and developed a strategy to vigorously defend the claims that started pouring in. This strategy yielded 15 summary judgments, several of which were upheld on appeal, including a seminal opinion of the Michigan Court of Appeals. Today, that opinion is still relied on by lawyers, courts and arbitrators for the efficacy of disclosure documents in securities cases. Mike was the principal architect of the strategy and lead lawyer carrying it out.